# Stepping up EU Action to Protect and Restore the World’s Forests. – FarmEurope

> Farm Europe summarized the European Commission's Communication on protecting and restoring the world's forests, published in late July 2019. The document says the EU accounts for about 10% of final consumption of deforestation-linked products such as palm oil, meat, soy, cocoa, rubber, timber and maize.

- Date: 2019-08-12 · published 2019-08-12T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/57627-stepping-up-eu-action-to-protect-and-restore-the-world-s-forests-farmeurope
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The policy direction points toward tighter EU import rules on deforestation-linked feed and food commodities, but the proposals are not yet binding and do not change near-term supply or prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-02 | [Stepping up EU action to protect and restore the world's forests \| European Committee of the Regions](https://feedsoft.ai/events/52140-stepping-up-eu-action-to-protect-and-restore-the-world-s-forests-european.md) | +0.5% | -0.2% |
| SOY | 2019-07-23 | [EU Communication (2019) on stepping up EU action to protect and restore the world’s forests - European Commission](https://feedsoft.ai/events/58112-eu-communication-2019-on-stepping-up-eu-action-to-protect-and-restore-the-world.md) | -0.3% | -3.9% |
| SOY | 2019-12-16 | [EU action to protect the world’s forests – Council adopts conclusions - PubAffairs Bruxelles](https://feedsoft.ai/events/55607-eu-action-to-protect-the-world-s-forests-council-adopts-conclusions-pubaffairs.md) | +2.3% | +2.3% |
| SOY | 2023-02-10 | [The EU’s quest to save the world’s forests](https://feedsoft.ai/events/37358-the-eu-s-quest-to-save-the-world-s-forests.md) | +0.5% | -0.4% |
| SOY | 2023-01-06 | [Deforestation: proposed EU import ban may fail to protect tropical rainforests and farmers – here’s how it should work](https://feedsoft.ai/events/37818-deforestation-proposed-eu-import-ban-may-fail-to-protect-tropical-rainforests.md) | +4.3% | +4.4% |
| SBM | 2019-09-13 | [How can the EU avoid actually importing deforestation? – FarmEurope](https://feedsoft.ai/events/57130-how-can-the-eu-avoid-actually-importing-deforestation-farmeurope.md) | -1.3% | +2.7% |
| SBM | 2021-02-19 | [Seven steps to curb deforestation and enhance forest protection: Looking beyond EU-only solutions](https://feedsoft.ai/events/48667-seven-steps-to-curb-deforestation-and-enhance-forest-protection-looking-beyond.md) | -0.7% | -7.2% |
| SBM | 2023-09-25 | [Brazil Risks Losing Soy Sales to Europe Over Forest Protection Law Compliance - Bloomberg](https://feedsoft.ai/events/34126-brazil-risks-losing-soy-sales-to-europe-over-forest-protection-law-compliance.md) | -2.4% | +7.1% |

## Sources

- farm-europe.eu: https://www.farm-europe.eu/travaux/stepping-up-eu-action-to-protect-and-restore-the-worlds-forests/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.